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Trade
Game Code: 350476
English
9
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Do we still trade using barter system?
No
15
Why barter trade is ineffective?
Because the goods doesn't have the same value.
15
Why people invented money?
Because it has fixed value.
15
what are these? and what are they used for?
Cowrie shells, it used as money to buy goods and services.
15
Who invented paper money?
Chinese
15
Why paper money is invented?
Answers are correct
15
What is the meaning of trade?
Buying and selling goods and services using money.
15
Trade is exchanging goods for other goods without using money.
False
15
What is the difference between trade and barter?
Money
15
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